Corinthian Colleges Fined for Bogus Job-Placement Claims
The Education Department has fined Corinthian Colleges $30 million for misrepresenting the job placement rates at its Heald College. The department cited 947 false placement rates given to students and prospective students, and to accreditors. In some cases, Heald paid temporary agencies to hire graduates for on-campus temporary jobs and counted those students as placed; in others, it counted as placed students who got their jobs even before enrolling. The department also told Corinthian, one of the nation’s largest for-profit college companies, that Heald College could no longer enroll students. Over the last year, after a crackdown by the government, most of Corinthian’s campuses have been sold, but the Heald campuses have continued to operate.
Source: New York Times